411.37 - BOARD RESPONSIBLE FOR TRANSITION.

        411.37  BOARD RESPONSIBLE FOR TRANSITION.         1.  The board of trustees for the statewide system is responsible      for effecting the transition from the city fire and police retirement      systems to the statewide fire and police retirement system.  The      board shall adopt a transition plan and other appropriate transition      documents it deems necessary to accomplish the transition in      accordance with the requirements of this chapter.  The city fire and      police retirement systems shall comply with orders of the board      issued pursuant to the transition plan or other transition documents.         2.  The board shall include in the transition plan or other      transition documents, provisions to facilitate continuity under      sections 411.20, 411.21, and 411.30.         3.  For each of the fiscal years beginning July 1, 1990, and July      1, 1991, ten percent of the amount appropriated for distribution to      cities as provided in section 411.20 shall be made available to the      board of trustees for the statewide system to cover the      administrative costs of the transition.  The amount distributed to      each city shall be reduced accordingly.  The moneys remaining      unencumbered or unexpended at the end of the fiscal year beginning      July 1, 1990, and the moneys remaining unencumbered or unexpended on      January 1, 1992, shall be credited to the cities in the same      proportion as the reduction.  
         Section History: Recent Form
         90 Acts, ch 1240, §87; 91 Acts, ch 52, §3; 96 Acts, ch 1187, § 106